Answer:
Her consumption spending will rise by $1.40
Explanation:
Marginal propensity to consume is 0.7. This information means that the individual will consume 70% of every single dollar she earns. Hence, if she consumer earns an extra $2, her consumption spending will rise by $1.40
The Uniform Commercial Code states that any sample or model that is made part of the basis of the bargain creates an express warranty that the whole of the goods will conform to:
Answer:
description
Explanation:
Uniformity means that all goods are of similar nature, or in case when the goods are meant to be different, the goods are of quality standards.
This is the basic condition.
The Uniform Commercial Code ensures this above basic principle. Accordingly if there is a sample of a product that means the sample creates a common understanding that all other products are similar, and also that the there is a inbuilt warranty that the whole of the goods are as described and as depicted by the sample.
A(n) ______ is a transaction in which the agreement between two parties is specifically stated, whether orally or in writing.
Answer:
Express contract
Explanation:
An express contract is one that is formed when the parties agree to the terms of the contract in writing or orally as at the time the contract is made.
The elements of a contract are clearly stated during the agreement. That is the offer, acceptance, and consideration.
Examples of express contract are real estate contract and employment contract.
On the other hand implied contract are those that are not based on a written contract. For example if a person purchases a television it is expected to power on. This is an implied contract and of the television does not power on the buyer can sue the seller for breach of contract.
The threat of new competitors will enter your market is _________ when entry is easy and _________ when there are significant barriers to entry.
Answer:
higher
lower
Explanation:
The easier it is to enter a market the higher the threat of new competitors and the more difficult it is to enter a market, the lower the threat of new competitors.
For example, it is pretty easy to set up a lemonade stand as the cost of doing so is quite low. So, it is easier for anyone to decide to set up a lemonade stand. So, we can say it is easy to enter the lemonade market and the threat of new competitors is high.
On the other hand, a research lab that produces medicine is pretty difficult to enter. the cost of setting up a lab is high, in addition one has to be approved by the government. so, it is difficult to enter this market and the threat of new competitors is low.
Comparative advantage is the ability to produce: Multiple Choice more of a good than others with a given amount of resources. relatively more than any other good with a given amount of resources. a good or service at a lower opportunity cost than others. more of a good at a lower cost.
Answer:
a good or service at a lower opportunity cost than others.
Explanation:
A country has a comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
For example :
there are two countries , A and B
A produces 10 kg of rice and 5 kg of beans.
B produces 5 kg of rice and 10 kg of beans
the opportunity cost of A :
in producing rice = 5/10 = 0.5
In producing beans = 10/5 = 2
the opportunity cost of B :
in producing rice = 10/5 = 2
In producing beans = 5/10 = 0.5
A has a lower opportunity cost and a comparative advantage in the production of rice.
B has a lower opportunity cost and a comparative advantage in the production of beans.
If the quantity demanded at a price of $10 is 2,000 and the quantity demanded at a price of $8 is 2,400, a price-discriminating monopolist would want to:
Answer:
D. sell 2.000 units for $10 each and then sell an additional 400 units for $8 each
Explanation:
Since in the question it is mentioned that
Quantity demanded is 2,000 at a price of $10
And, the other case is
Quantity demanded is 2,400 at a price of $8
So here we can conclude that
The quantity demanded of 2,000 would be at a price of $10
And, the additional units i.e. 400 (2,400 - 2,000) would be at a price of $8
Therefore the correct option is d.
Which NIMS communication principle enables personnel and organizations to communicate within and across jurisdictions and organizations via voice, data, and video systems in real time
Answer:
Interoperable Communication System
Explanation:
Interoperable communication system is designed to enable emergencies responding workers to quickly and promptly discharge their functions , which enables enables it wide coverage advantage .
It also allows information to be shared through voice and data signal when required and in real time.
Its benefits include effective coordination of tasks ,efficient use of resources and prompt responses to routine incidences.
When Mexico and the United States agreed to reduce and eliminate trade barriers, the countries demonstrated which of the following terms?
Economic integration
O Political stability
O Exchange rate
O Direct investment
Walmart began offering low-priced extended warranties on home electronics after learning that its rivals such as Best Buy derived most of their profits from extended warranties. According to the Stalk and Lachenauer book, this is an example of the strategy to
Complete/Correct Question:
Walmart began offering low-priced extended warranties on home electronics after learning that its rivals such as Best Buy derived most of their profits from extended warranties. According to the Stalk and Lachenauer book, this is an example of the strategy to
A) plagiarize with pride.
B) deceive the competition.
C) devastate rivals profit sanctuaries.
D) unleash massive and overwhelming force
Answer:
c, devastate rivals profit sanctuaries
Explanation:
For Walmart to start making as much or more profits than its rival, Best Buy, it decided to head in the same direction as Best Buy by offering low-priced extended warranties on home electronics.
This action simply means that Walmart has infiltrated the profit strategy system of Best Buy and is using that a a competitive edge to also increase customer base as people will prefer to go Walmart as it has become cheaper.
Devastating rivals profit sanctuaries therefore means targeting the area or strategy of rivals to make more profit.
Cheers.
Q. Rakesh owns a garment shop. He wants to expand his business but he is confused whether to appoint a manager or go in for a partner. Which is the better option and why?
Answer:
He should appoint a manager.
Explanation:
Rakesh must appoint a manager if he wishes to expand his business of garment shop. The manager will constantly strive to attain the desired goals on behalf of Rakesh. It will give sufficient time to him which he can use in looking for new target markets and customers, new products or items which he can add on to his shop, and much more. Meanwhile, the manager will lead the work and keep ensuring that the employees are working efficiently by motivating them. He will take all the necessary decisions to ensure that the intended profits and goals are achieved.
A customer has contacted you and expressed anger about the service provided by your company. During the call, you discover that another technician responded to the customer's original issue. In spite of the customer's tone, you remain calm. What should you do next?
Answer:
listen to the entire complaint
Explanation:
In the scenario being described, you should listen to the entire complaint. This will make the customer feel as though you are paying attention and listening/understanding her frustration and by doing so you might also acquire new information regarding the issue that was not previously shared to the other technician. Once the client has finished venting her anger and explaining the situation, only then should you begin to offer a solution.
Guillaume has persuaded Valve to support development of a new game. He has a vision of a tile-based game. His six employees are technical experts in game design and will follow his vision. He needs their expertise and creativity in working out the interactions and details. Guillaume should take a ________ style of leadership.
Answer:
autocratic
Explanation:
Autocratic leadership is the leadership in which there is a control of an individual over all the decisions and less input should be from the members n the group.
It made the selection of the choices that depend on the ideas and judgments and do not accept the advice given by the followers
Here the given situation represents the autocratic leadership and the same is to be considered
Cutco is a manufacturer of high-end cutlery for the home chef and markets their products through a sister company, Vector Marketing who often contracts with college students who are independent sales representatives for the company. Vector provides free product and sales training to their independent sales representatives and encourages them to take food with them on sales calls such as apples, cucumbers, tomatoes or other fresh produce so that prospective customers can actually use the knives and experience the Cutco difference. In addition, Cutco is relatively famous for their kitchen shears that can cut through a penny and during training, all Vector Marketing representatives are taught how to show the versatility and value of the shears. Which step in the sales process would a Vector Marketing representative have customers use the knives or kitchen shears
Answer:
demonstration / presentation
Explanation:
generally the sales process is divided into 7 or 8 stages, I personally prefer the 7 stage approach specially for B2C (business to consumer) products:
ProspectingPreparation ApproachPresentation or demonstration depending on the product: e.g. in this case, the marketing representatives show their potential customers how their knifes, forks and other cutlery work. They are demonstrating the differences between using their products vs the competition. Handling objectionsClosingFollow-upMeeting the needs of the present through economic development without compromising the needs of future generations to meet their own needs is called ______.
Answer:
Sustainability.
Explanation:
Sustainability intends on addressing current requirements, without undermining future generations to fulfill their needs. The notion of sustainable development consists of three key elements including economic, social, and environmental which correspond to three P's that are Profit, people, and planet respectively. It is a complex process that expands the objectives of businesses from immediate profit to future-oriented goals like energy conservation, work, and safety measures in an organization, etc.
Hua, a resident of Illinois, owns a commercial building in Indiana. A dispute arises over the ownership of the building with Jac, a resident of Kentucky. Jac files a suit against Hua in Indiana. In this suit, Indiana has
Answer:
in rem jurisdiction
Explanation:
In the specific law suit that is being described, Indiana has in rem jurisdiction over the court case. This refers to a legal term describing the power that a court may exercise over a specific property or even a "status" against an individual whom the court does not have in personam jurisdiction, meaning that the court does not have authority over that individual. In this case, Indiana does not have jurisdiction over Jac but does have in rem jurisdiction over the commercial building in question.
if you want a low monthly payment in a lot of time to repay your student loan you should select what
Answer:
what are the options?
Explanation:
I'm assuming the question is multiple choice, therefore it would help to know the options.
While using LEAN to complete an enrollment application with a consumer, Agent Jeff learns the consumer does not have an email address. What should Jeff do
Answer:
Either create a new email for the customer or leave it blank
Explanation:
LEAN which is an acronym of Landmark Electronic Application Navigator is an application by UnitedHealthcare, which is utilized for their enrollment application process. It is built to aids all forms of Medicare Products and Plans.
However, according to the rules and guidelines in its application enrollment, if a consumer does not have an email address, then agent is not allowed to use another personal email address instead, but rather, leave it blank, or quickly create a new email to be used for the consumer.
Under HIPAA, a "disclosure accounting" is required:
A. For all research where the data crosses state lines, otherwise state law applies.
B. For all human subjects research that uses PHI without an authorization from the data subject, except for limited data sets.
C. Solely at the principal investigator's discretion.
D. For all human subjects research that uses PHI.
Answer:
B. For all human subjects research that uses PHI without an authorization from the data subject, except for limited data sets.
Explanation:
According to Health Insurance Portability and Accountability Act, HIPAA, Disclosure Accounting is a term that describes a form of the accounting process which includes revealing any incident that had an effect on financial statements.
However, there are certain instances under HIPPA, disclosure accounting is required, but considering the available option, the correct answer is: "For all human subjects research that uses PHI without an authorization from the data subject, except for limited data sets."
A coupon bond that pays interest of $54 annually has a par value of $1,000, matures in 5 years, and is selling today at a $73.75 discount from par value. The current yield on this bond is _________.
Answer:
The current yield on this bond is 7.21 %.
Explanation:
The yield of the bond, YTM can be determined using a financial calculator as follows :
Pv = $1,000 - $73.75 = - $926.25
Pmt = $54
n = 5
p/yr = 1
Fv = $1,000
YTM = ?
Using a Financial Calculator, the yield of the bond, YTM is 7.2088 or 7.21 %
A coupon-dispensing machine in a grocery aisle and an employee handing out free samples of a new product are both examples of ________.
Answer:
POP stimuli
Explanation:
POP stimuli refers to activities that are used to get customers to purchase products when they visit a website or a physical store. According to this, the answer is that a coupon-dispensing machine in a grocery aisle and an employee handing out free samples of a new product are both examples of POP stimuli because these are activities that companies implement in stores to encourage customers to purchase products.
A _____ is used for goods that must be produced at a specific site or that are so large and bulky that it isn't feasible to move them from station to station.
Answer:
fixed position
Explanation:
A fixed position layout is where a product to be produced remains in a certain spot or location but the workers needed to work on the product , including machinery are moved to the place where the product is to be produced as at when required. This is because there may be limited space at the project site, hence component parts of the product to be manufactured are then coupled at other site and taken to the product site.
An example of fixed layout is the construction of dams, shipbuilding, buildings etc. A fixed position layout is most suited for heavy and fragile products.
Consider the population consisting of all computers of a certain brand and model, and focus on whether a computer needs service while under warranty. (a) pose several probability questions based on selecting a sample of 300 such computers. (select all that apply.)
Answer:
Based on selecting a sample of 300 computers The probability questions are follows
1. . What is the probability that no computer needs service within the warranty period?
2 . What is the probability that more than half of the computers that are sampled will need warranty period?
3. What is the expected number of computers fail before the warranty period?
"Your supervisor repeatedly informs you that "Goals without objectives are essentially meaningless." What is the rationale for such a philosophy?"
Answer:
progress is impossible to track without measurable performance targets.
Explanation:
The rationale for this philosophy is that progress is impossible to track without measurable performance targets. Meaning that without actively keeping track of the progress you make throughout your journey it will continue seeming as though you are not advancing at all towards your end goal. That is why you need objectives or smaller milestones that act as accomplishments and let you know that you are making progress towards achieving the goal that you have been working towards.
On Saturday morning, you rank your choices for activities, from most preferred to least preferred, in the following order: go to the library, work out at the gym, have breakfast with friends, and sleep late. Suppose you decide to go to the library. Your opportunity cost is
Answer: Work out at the gym
Explanation:
Opportunity cost of a decision is the next best alternative that would have been picked if the current decision wasn't made. For example suppose you would either eat chips or meat and you chose to eat meat. The chips are an opportunity cost of the meat.
In the same vein, the opportunity cost of going to library would be your next best (preferred) activity which in this case would be to work out at the gym.
In order words when you go to the library, you are giving up a chance to go to the gym.
(whoops sorry this one's actually maths)
Marie goes to the clothing store. Her purchases equal $89.25. The sales tax is 8%. How much tax does she pay?
A $7.14
B $7.86
C $71.40
D $78.60
Answer:
she pays $ 7.14 tax ...
Explanation:
tax = tax rate × purchase cost
= 8% × $89.25
= $ 7.14
A holistic lifecycle for developing security architecture that begins with assessing business requirements and subsequently creating a ‘chain of traceability’ through phases of strategy, concept, design, implementation and metrics is characteristic of which of the following frameworks?
a. Zachman
b. SABSA
c. ISO 27000
d. TOGAF
Answer:
SABSA
Explanation:
Sherwood applied business security architecture (SABSA) is a body that provides enterprise security and and service management for the administration of network security experts. It helps in achieving completeness and justification of all the components of enterprise security architecture and also aid the objectivity of security architecture.
It supports the development security architecture by firstly assessing the business requirement and subsequently creating a chain of traceability through phases of strategy , design , implementation and metrics
Net income is ______. (Check all that apply.) expenses minus revenues assets minus liabilities assets plus liabilities revenues minus expenses net earnings equal to the company's cash balance
Answer:
The correct option is;
Revenues minus expenses
Explanation:
The Net Income (NI), of a business is calculated by first calculating the company's total revenue, then deducting from the calculated company's total revenue, the following items to find the earnings before tax;
1) Operating costs
2) Business expenses
3) Operating costs
The net income is then found by deducting the tax from the calculated net earnings.
The Net Income is also known as the bottom line of the business as it comes at the bottom line after subtracting the expenses, interests, taxes, from the total revenue.
Tayco Corporation has just paid dividends of $3 per share. The earnings per share for the company was $4. If you believe that the appropriate discount rate is 15 percent and the long-term growth rate in dividends is 6 percent, and earnings is 6 percent, then the firm's P/E ratio is
Answer:
the price earning ratio is 8.33
Explanation:
The computation of the price earning ratio is shown below:
P/E Ratio is
= share price ÷ Earning Per share
where,
The price of a share is
= 3 × 106
= $3.18
And, the earning per share is
= $4 × (1.06) ÷ (0.15 - 1.06)
So, the price earning ratio is
= (3 × (1.06) ÷ 4(1.06)÷ (0.15 -0.06))
= 8.33
Hence, the price earning ratio is 8.33
A large hospital is having a hard time keeping track of patients’ needs as they move among doctors, pharmacies, blood labs, and nursing stations. What is the best solution an IT professional could recommend to help?
Answer:
Give the patients RFID tags to identify their medical records
Explanation:
Radio-Frequency Identification (RFID) identifies, automatically, tracking tags assigned to objects through electromagnetic fields sent, actively or passively by the tags attached to the object.
The RFID tag sends wireless digital data giving the identification number in response to interrogatory electromagnetic signal emitted by a RFID reader device that is in range
The identification number can then be translated to give the complete specification of concerning the tag
As such a patient putting in the tag, automatically opens up is medical record as he moves from doctors to blood labs to pharmacies within the same hospital.
Answer:
Give patients RFID tags to identify their medical records.
Explanation:
i took the review and got it right hope this helps ∞UwO∞Which statement about today's workplace is most accurate? Group of answer choices Today's employees can expect to interact with people from many cultures. Very few businesses involve employees in decision making. Employees can expect to have more managers. Businesses use social media only to interact with customers.
Answer: Today's employees can expect to interact with people from many cultures.
Explanation:
In the past, workplaces were not really places your would expect to see diverse cultures represented because the world was still waking up to globalization and discriminatory employment practices saw cultures separated.
In today's workplace though, we see companies hiring people of different cultures which has led to more diversity in the workplace. Globalization is also occurring at a massive rate which has seen companies have different subsidiaries in various countries which has also led to a vast array of cultures mixing in the workplace.
Under the __________ Clause of the U.S. Constitution, treaties become part of the law of the land.
Hey There!!~
Your answer choice is Supremacy Clause...
Hope This Helps!!~
By ♡~Itsbrazts♡~